How Much Did Workiz Raise?
Funding & Key Investors

Workiz has successfully solidified its market position through a series of strategic capital injections, culminating in a total funding accumulation of $60M. The company's trajectory, marked by a recent major strategic investment of $40M, underscores its evolution from a niche field service management solution to a robust enterprise-level platform. By securing consistent backing from top-tier venture firms, Workiz has demonstrated the operational maturity required to scale its communication and management software across diverse on-demand service sectors, including locksmithing, junk removal, and appliance repair.

What is Workiz?

Workiz
SoftwareEnterprise Resource Planning (ERP)Mobile App Development

Founded in 2015 and headquartered in California, Workiz provides a comprehensive field service management and communication suite tailored for small to medium-sized businesses. The platform serves as a critical digital infrastructure for on-demand service providers, streamlining complex workflows such as scheduling, dispatching, and customer communication. By digitizing the operational backbone of industries like carpet cleaning and garage door repair, Workiz has effectively captured a significant share of the fragmented field service market, positioning itself as an essential tool for modernizing traditional service-based enterprises.

How much funding has Workiz raised?

Workiz has raised a total of $60M across 4 funding rounds:

2018

Angel/Seed

$2M

2019

Series A

$5M

2021

Series B

$13M

Series C

$40M

Angel/Seed (2018): $2M with participation from Aleph

Series A (2019): $5M led by Aleph and Magenta Venture Partners

Series B (2021): $13M supported by Aleph, New Era Capital Partners, Magenta Venture Partners, Tmt Investments, and Maor Investments LLC

Series C (2021): $40M featuring New Era, La Maison, G Squared, and Lead Edge Capital Management

Key Investors in Workiz

G Squared

G Squared is a global venture capital investment firm focused on providing growth-stage technology companies with flexible capital solutions through primary and secondary investments.

Lead Edge Capital Management

Lead Edge Capital is a growth equity investment firm that focuses on investing in private and public software, internet, consumer, and tech-enabled services businesses on a global scale.

Aleph

Aleph is an early stage venture capital fund that partners with Israeli entrepreneurs to help scale them into large, meaningful companies and globally recognized brands.

What's next for Workiz?

With the infusion of capital from its latest funding round, Workiz is well-positioned to accelerate its product development roadmap and expand its footprint in the competitive SaaS landscape. The company's strategic focus will likely shift toward enhancing its AI-driven dispatching capabilities and deepening its integration ecosystem to provide a more seamless experience for its growing user base. As Workiz continues to scale, the emphasis will remain on maintaining its competitive edge in the field service management sector while exploring new market verticals that require sophisticated, on-demand operational software.

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Frequently Asked Questions Regarding Workiz Financial Insights

What are the most recent funding rounds that Workiz has completed, and what were the funding rounds?
Workiz has recently completed 3 funding rounds: Series C on Nov 17, 2021, Series B on Feb 24, 2021, Series A on Nov 1, 2019.
What is the total amount of funding Workiz has raised to date?
Workiz has raised a total of $60M in funding to date.
How many funding rounds has Workiz completed?
Workiz has completed 3 funding rounds.
How much funding did Workiz raise in its most recent funding round?
Workiz raised $40M in its most recent funding round.
Who are the lead investors in Workiz's latest funding round?
The lead investor in Workiz's latest funding round was New Era. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Workiz's history?
The largest funding round in Workiz's history was $40M.
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